← SOUTHERN FIRST BANCSHARES INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total interest income | — | $61.2m |
$76.7m
+25.24%
|
$92.7m
+20.87%
|
$94.8m
+2.34%
|
$93.2m
-1.74%
|
$117.7m
+26.29%
|
$177.6m
+50.94%
|
$201.2m
+13.30%
|
$211.5m
+5.10%
|
— | |
| Revenue from Contract with Customer, Including Assessed Tax | $45.1m | $5.2m | $5.5m | $9.9m | $19.8m | $11.4m | $4.2m | $4.0m | $5.6m | $6.3m | — | |
| Noninterest income: | ||||||||||||
| Total noninterest income | — | $9.3m | $10.2m | $15.0m | $27.4m | $17.1m | $9.6m | $9.9m | $12.1m | $13.1m | — | |
| Cost of Revenue | — | $21.8m |
$3.4m
-84.37%
|
$7.6m
+124.30%
|
$17.7m
+131.31%
|
$8.8m
-50.04%
|
$809k
-90.84%
|
$436k
-46.11%
|
$1.6m
+278.44%
|
$1.9m
+16.61%
|
— | |
| Net interest income | $43.0m |
$50.9m
+18.32%
|
$60.2m
+18.23%
|
$67.3m
+11.83%
|
$79.8m
+18.64%
|
$87.7m
+9.93%
|
$97.6m
+11.27%
|
$77.7m
-20.45%
|
$81.2m
+4.59%
|
$105.0m
+29.21%
|
$118.9m
+13.29%
|
|
| Interest Income (Expense), Net | $43.0m |
$50.9m
+18.32%
|
$60.2m
+18.23%
|
$67.3m
+11.83%
|
$79.8m
+18.64%
|
$87.7m
+9.93%
|
$97.6m
+11.27%
|
$77.7m
-20.45%
|
$81.2m
+4.59%
|
$105.0m
+29.21%
|
$222.3m
+111.77%
|
|
| Labor and Related Expense | $19.0m | $21.8m | $25.6m | $29.0m | $26.3m | $28.9m | $38.8m | $40.3m | $43.5m | $44.8m | — | |
| Noninterest expense: | ||||||||||||
| Total noninterest expenses | — | $34.6m | $39.8m | $44.5m | $53.7m | $56.4m | $62.9m | $68.8m | $73.3m | $75.5m | — | |
| Interest Expense | $8.2m | $10.3m | $16.5m | $25.4m | $15.0m | $5.4m | $20.0m | $99.9m | $11.2m | $10.9m | $103.4m | |
| Total interest expense | — | $10.3m | $16.5m | $25.4m | $15.0m | $5.4m | $20.0m | $99.9m | $120.0m | $106.5m | — | |
| Net interest income after provision for credit losses | — | $48.9m |
$58.3m
+19.18%
|
$65.0m
+11.53%
|
$50.2m
-22.72%
|
$100.1m
+99.43%
|
$91.5m
-8.65%
|
$76.4m
-16.48%
|
$81.1m
+6.16%
|
$102.0m
+25.78%
|
$118.9m
+16.57%
|
|
| Non-Operating Income (Expense) | — | $2.2m | $2.1m | $2.3m | $2.1m | $2.5m | $3.4m | $3.6m | $3.9m | $4.4m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $20.4m | $23.7m | $28.7m | $35.5m | $23.8m | $60.8m | $38.1m | $17.4m | $19.9m | $39.6m | $51.0m | |
| Current Income Tax Expense (Benefit) | $7.0m | $7.7m | $6.5m | $8.0m | $11.1m | $12.5m | $9.8m | $4.2m | $5.6m | $10.5m | $11.4m | |
| Income Tax Expense (Benefit) | $7.3m | $10.6m | $6.4m | $7.6m | $5.5m | $14.1m | $9.0m | $4.0m | $4.4m | $9.2m | $11.4m | |
| Net Income (Loss) Attributable to Parent | $13.0m |
$13.0m
+0.07%
|
$22.3m
+70.86%
|
$27.9m
+24.99%
|
$18.3m
-34.21%
|
$46.7m
+154.86%
|
$29.1m
-37.67%
|
$13.4m
-53.89%
|
$15.5m
+15.67%
|
$30.4m
+95.53%
|
$39.6m
+30.41%
|
|
| Earnings Per Share, Basic | $2.06 | $1.86 | $3.02 | $3.70 | $2.37 | $5.96 | $3.66 | $1.67 | $1.92 | $3.75 | $4.72 | |
| Earnings Per Share, Diluted | $1.94 | $1.76 | $2.88 | $3.58 | $2.34 | $5.85 | $3.61 | $1.66 | $1.91 | $3.72 | $4.65 | |
| Basic | $6,318,322.00 | $7,005,703.00 | $7,384,200.00 | $7,528,283.00 | $7,718,615.00 | $7,843,692.00 | $7,958,294.00 | $8,046,633.00 | $8,080,623.00 | $8,091,322.00 | $4.72 | |
| Diluted | $6,720,888.00 | $7,393,377.00 | $7,737,495.00 | $7,772,544.00 | $7,824,214.00 | $7,988,980.00 | $8,071,690.00 | $8,078,454.00 | $8,117,057.00 | $8,160,464.00 | $39,601,000.00 | |
| Additional Financial Items | ||||||||||||
| Bank Owned Life Insurance Income | $736k | $811k | $878k | $1.0m | $1.1m | $1.2m | $1.3m | $1.4m | $1.6m | $1.7m | — | |
| Loans | — | $58.8m | $73.7m | $88.9m | $93.1m | $91.6m | $114.2m | $166.1m | $186.9m | $198.1m | — | |
| Interest and Dividend Income (Non-Bank) | — | $1.6m | $1.8m | $2.1m | $1.4m | $1.3m | $2.0m | $4.5m | $5.8m | $5.4m | — | |
| Federal funds sold and interest-bearing deposits with banks | — | $784k | $1.1m | $1.6m | $270k | $233k | $1.4m | $7.0m | $8.5m | $8.0m | — | |
| Deposits | — | $7.4m | $14.8m | $23.7m | $13.1m | $3.9m | $18.1m | $91.4m | $108.8m | $95.6m | — | |
| Net Cash from Operating Activities | — | $2.0m |
$1.9m
-5.00%
|
$2.3m
+21.05%
|
$29.6m
+1186.96%
|
($12.4m)
-141.89%
|
$6.2m
+149.64%
|
$1.3m
-79.53%
|
$125k
-90.08%
|
$3.0m
+2260.00%
|
— | |
| Service fees on deposit accounts | — | $1.2m | $1.0m | $1.1m | $860k | $757k | $782k | $1.4m | $1.8m | $2.4m | — | |
| ATM and debit card income | — | $1.2m | $1.5m | $1.7m | $1.7m | $2.1m | $2.2m | $2.2m | $2.3m | $2.4m | — | |
| Occupancy and Rent Expense | — | $4.1m | $5.0m | $5.5m | $6.2m | $7.0m | $9.1m | $10.3m | $10.3m | $10.0m | — | |
| Other Operating Expense | — | $3.2m | $3.3m | $4.2m | $4.2m | $4.9m | $6.1m | $7.1m | $7.7m | $8.5m | — | |
| Professional Fees | — | $1.4m | $1.6m | $1.7m | $1.8m | $2.1m | $2.6m | $2.5m | $2.4m | $2.5m | — | |
| Marketing Expense | — | $737k | $856k | $941k | $628k | $873k | $1.2m | $1.4m | $1.4m | $1.5m | — |